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Category Archives: Business-News

SBI ATM onboard aircraft carrier INS Vikramaditya

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In a move that is set to make history, State Bank of India (SBI) has made it possible to set up a fully functional ATM onboard India’s biggest aircraft carrier ship — INS Vikramaditya. This is a first of its kind initiative in the country and is expected to make life easier for navy personnel working on the ship. INS ... Read More »

Courts in USA question Mark Zuckerberg about software theft

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Mark Zuckerberg, founder and CEO of Facebook, one of the world’s richest men, is being question in a courtroom as a witness in a case involving the theft of technology done by Occulus, a company owned by Facebook. ZeniMax, a video game developer has sued Occulus, for using its intellectual property without its permission. Occulus was acquired by Facebook for ... Read More »

Flipkart’s valuation slides again

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Flipkart has had a very tough 2016 and had received a major shock when its founder was eased out of the CEO’s role recently, by an investor’s pick. Its cycle of bad news continues as its valuation was downgraded by an investor by a whopping 4% to $9.9 billion. Flipkart has been facing tough competition from American Multi National Corporation ... Read More »

Mr. Chandrasekaran appointed as new chairman of Tata Sons.

India’s biggest multinational Tata Sons got its new Chairman, Mr. Natarajan  Chandrasekaran Tata sons is $100 billion company. On 12th January 2017, Mr. Chandrasekaran was announced as New Chairman of Tata Sons after many months. Chandrasekaran is 53 years old who is currently chief executive of IT outsourcing giant Tata Consultancy Services. The company is already engaged in legal battle ... Read More »

8 richest men of the World own as much as 50% of the poorest of the World

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The eight richest Dollar billionaires of the World have money equal to what 50% of the poorest men of the World have. The list of richest men was led by Microsoft Chairman Bill Gates also had fashion retailer Inditex owner Amancio Ortega, Warren Buffet – the founder of billionaire investment company Berkshire Hathaway, Mexican telecom tycoon Carlos Slim Helu, Jeff ... Read More »

Mr. Chandrasekaran appointed as new chairman of Tata Sons.

NewsPatrolling.com : India’s biggest multinational Tata Sons got its new Chairman, Mr. Natarajan  Chandrasekaran Tata sons is $100 billion company. On 12th January 2017, Mr. Chandrasekaran was announced as New Chairman of Tata Sons after many months. Chandrasekaran is 53 years old who is currently chief executive of IT outsourcing giant Tata Consultancy Services. The company is already engaged in ... Read More »

N Chandrasekaran to be the Chairman of Tata Sons

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After a lot of controversy and regular blame-game between office of Cyrus Mistry and Ratan Tata, Tata Sons finally have a new chairman. TCS Chief Executive Officer (CEO) and Managing Director (MD) N Chandrasekaran has been named as the new Chairman of Tata Sons. The position was vacant after public sacking Cyrus Mistry. N Chandrasekaran is popularly called as ‘Chandra’ ... Read More »

RELIANCE MUTUAL FUND ANNOUNCES FURTHER FUND OFFER FOR CPSE ETF

FURTHER FUND OFFER PART OF LARGER DISINVESTMENT PROGRAM ANNOUNCED BY THE DEPARTMENT OF INVESTMENT AND PUBLIC ASSET MANAGEMENT (DIPAM), MINISTRY OF FINANCE RELIANCE MUTUAL FUND TO RAISE UPTO RS 4,500 CRORE (US$ 671 MILLION) AS BASE ISSUE SIZE, WITH AN OPTION TO RETAIN OVERSUBSCRIPTION INVESTORS ACROSS ALL CATEGORIES TO GET 5% UPFRONT DISCOUNT CPSE ETF OFFERS INVESTMENT OPPORTUNITY IN 10 ... Read More »

You are stupid if you don’t invest in Gujarat: Ratan Tata

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Mr. Ratan Tata, who was speaking at the 8th annual Vibrant Gujarat investment summit, had made these comments while addressing the crowd. Mr. Tata has called himself a Gujarati and has said that people abroad talk about India and Gujarat in the same breath. He heaped praise on PM Modi for making Gujarat a major car a manufacturing hub of ... Read More »

Service charge is an unfair trade practice – Union Minister for Consumer Affairs

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The Union Minister for Consumer Affairs, Ram Vilas Paswan of the Narendra Modi led Union Government hass said that levying service charge on food and drinks in restaurants is an unfair trade practice. He said that consumers should not pay this. There is no mention of any law that actually allows anyone to take action against the erring hotels and ... Read More »

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